OneDigital Investment Advisors LLC Makes New Investment in RBC Bearings Incorporated $ROLL

OneDigital Investment Advisors LLC bought a new position in RBC Bearings Incorporated (NASDAQ:ROLL) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 3,181 shares of the company’s stock, valued at approximately $2,049,000.

A number of other institutional investors have also modified their holdings of ROLL. GSA Capital Partners LLP acquired a new position in RBC Bearings in the second quarter worth about $281,000. Flputnam Investment Management Co. bought a new stake in RBC Bearings in the second quarter valued at about $934,000. State of Wyoming acquired a new stake in RBC Bearings during the second quarter valued at approximately $1,151,000. Focus Partners Advisor Solutions LLC acquired a new stake in RBC Bearings during the second quarter valued at approximately $1,178,000. Finally, Global Retirement Partners LLC bought a new position in RBC Bearings during the 2nd quarter worth approximately $1,431,000.

RBC Bearings Trading Up 1.1%

Shares of ROLL opened at $560.49 on Monday. RBC Bearings Incorporated has a 52 week low of $152.90 and a 52 week high of $264.94. The firm has a market cap of $16.22 billion, a price-to-earnings ratio of 272.08 and a beta of 1.34. The stock has a 50 day moving average of $594.86 and a 200-day moving average of $574.95.

RBC Bearings Company Profile

RBC Bearings Inc is a designer and manufacturer of precision bearing products and components for demanding applications in the aerospace, defense and industrial markets. The company’s product lineup includes ball bearings, roller bearings, spherical plain bearings, rod ends, roller screws and custom-engineered solutions tailored to specific customer requirements. Its bearings are used in aircraft landing gear, engine systems, gearboxes, industrial machinery, robotics and other applications where high reliability and performance are essential.

Founded more than a century ago, RBC Bearings has grown through both internal development and strategic acquisitions, broadening its technology base and expanding its product offerings.